Funding you earn now, next payment 00:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h +0.004%
Price spread now: Gate against BloFin−0.186%93s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$276as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2812.808% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 3 days (all we have)+0.304%+$30 · spread now −0.186%, 7d avg −0.011%
=Funding pays, the price is against you. Gate is 0.176% cheaper against BloFin than usual: you would sell low and buy high (spread −0.186% now, against its 7-day average of −0.011%). If the spread goes back, that is −$18 on $10k: about 17 days of funding at the current rate (+$1 a day). The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MASK-USDT | 0.4830 | 0.0065 | pay 0.0032% / 4h | 2h 45m | $129K | $20K | 50x |
| Short | Gate MASK_USDT | 0.4821 | 0.0100 | get 0.0100% / 8h | 2h 45m | $271K | $656K | 50x |
BloFin MASK-USDT
Gate MASK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.36
- Price spread: −0.186% → −0.011%
- −$17.57
- Slippage, 4 orders
- −$253.83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$291.04
- Costs to cover
- 2.808%
- Break-even
- 283.7 days
Slippage from BloFin: live order book, 35 min ago; Gate: live order book, 40 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 35 min ago | 3.11 bp | 18.1 bp −$18 | 51.3 bp −$513 | doesn't fit | doesn't fit |
| Sell Gate live order book, 40 min ago | 7.26 bp | 114.1 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
MASK on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MASK-USDTlong | +0.0065% | 4h | 0.4830 | long leg | $129K | $20K | 50x | |
| Binance MASKUSDT | +0.0100% | 4h | 0.4822 | −0.166% | $2.5M | $9.7M | 50x | as long as short |
| Bybit MASKUSDT | +0.0100% | 4h | 0.4819 | −0.228% | $1.2M | $1.8M | 50x | as long as short |
| OKX MASK-USDT-SWAP | +0.0100% | 8h | 0.4817 | −0.269% | $499K | $3.0M | 20x | as long as short |
| Gate MASK_USDTshort | +0.0100% | 8h | 0.4821 | −0.186% | $271K | $656K | 50x | |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4820 | −0.207% | $1.0M | $323K | 50x | as long as short |
| KuCoin MASKUSDTM | +0.0100% | 4h | 0.4832 | +0.041% | $613K | $221K | 50x | as long as short |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4821 | −0.186% | $489K | $1.2M | 50x | as long as short |
| BingX MASK-USDT | +0.0100% | 4h | 0.4821 | −0.186% | — | $2.3M | — | as long as short |
| Variational Omni MASK | +0.0100% | 4h | 0.4819 | −0.238% | $23K | $1 | — | as long as short |
Binance MASKUSDT
Bybit MASKUSDT
OKX MASK-USDT-SWAP
MEXC MASK_USDT
KuCoin MASKUSDTM
Bitget MASKUSDT
BingX MASK-USDT
Variational Omni MASK